Answer:
1. Market control by many small firms.
2. Difficult entry.
3. Mutual interdependence.
Explanation:
An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
1. Market control by many small firms.
2. Difficult entry.
3. Mutual interdependence.
Suppose we have two animals, X and Y and that X helps Y thanks to a gene. In this equation, we have that B is the benefit that Y receives, r the degree of relatedness and C is the cost of help. If the equation above holds, we have that the benefit (accounted for relatedness) overweighs the cost and the gene will spread. More specifically, the benefit to an individual's fitness (accounting for the probability that he has the gene) is greater than the cost to X's fitness and thus the probability that the gene propagates to the next generation is increased.
Answer:
the price per unit is $12.50 (
Answer:
B
Explanation:
Less competition equals hgiher prices.
Answer:
ROIC for firm HL = 11.25%
ROIC for firm LL = 11.25%
Explanation:
Given:
EBIT = $3,450,000
Tax rate = 25%
Invested capital = $23,000,000
Note that the information above is the same for both firms HL and LL. This implies that their ROIC will be the same as calculated below:
ROIC = (EBIT * (100% - Tax rate)) / Invested capital ……………………. (1)
Substituting the values into equation (1), we have:
ROIC = ($3,450,000 * (100% - 25%)) / $23,000,000 = 0.1125, or 11.25%
Therefore, we have:
ROIC for firm HL = 11.25%
ROIC for firm LL = 11.25%
